Worldstainless: Global crude stainless output rises 2.5% YoY in Q1

Total production of crude stainless steel worldwide reached 15.77 million tonnes during the first quarter of this year, higher by 2.5% from the January-March period last year, according to new data released by Brussels-based worldstainless.

Among the total, the combined output of Brazil, Russia, South Africa, Ukraine and United Kingdom posted the sharpest on-year rise of 6.7% to reach 305,000 tonnes, while production in the European Union slipped by 4.6% on year to 1.47 million tonnes – the only decline among major countries and